Wingstop Q3 revenue rises 38.8% to $162.5 million; net income up 31.9%
Wingstop reported fiscal third-quarter 2024 results on October 30, 2024, with total revenue up 38.8% to $162.5 million and net income up 31.9% to $25.7 million, or $0.88 per diluted share. The company reiterated its guidance of about 20% domestic same store sales growth for 2024, raised its 2024 net new unit outlook, and raised its SG&A and stock-based compensation expense guidance, which will increase costs for shareholders. The board also declared a $0.27 quarterly dividend.
Key points
- Total revenue increased to $162.5 million from $117.1 million a year earlier; domestic same store sales rose 20.9%.
- Diluted EPS was $0.88, up from $0.65; net income was $25.7 million, up from $19.5 million.
- 2024 guidance for global net new units was raised to 320 to 330 from 285 to 300, and SG&A expense guidance was raised to $117.5 million to $118.5 million from $114 million to $116 million.
- The board declared a quarterly cash dividend of $0.27 per share, payable December 6, 2024, to holders of record as of November 15, 2024.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.